Illinois Connection

Smith is Professor emeritus of Eastern Illinois University.

Biographical and Professional Information

Dr. Smith, whose economics textbooks are used in high schools across the country, believes every citizen of the United States has a right to know everything about the waw the government used tax funding. He has been battling economic illiteracy and government economic malpractice. For the past decade, he has been screaming out the warning that, if the United States did not change course, the nation was heading toward the kind of economic calamity that finally struck in 2008. Allen's journey, is as an advocate for economic education and sound economic policies. Dr. Smith retired from teaching in 1977 to devotehis time to research.

Presents a simplified explanation of basic economics, using examples that relate economic concepts to daily life, discussing the laws of supply and demand, gross domestic product, inflation, money and banking, and other topics.